SteelMint

Tag: SE Asia billet import price

  • SE Asia: Imported billet market remains muted; offers rise w-o-w

    SE Asia: Imported billet market remains muted; offers rise w-o-w

    —

    by

    Vaibhav Dubey
    in

    Imported billet prices in South East Asia edged higher this week. However, market participants adopted a wait-and-watch approach owing to weak finished steel sentiments in the region which kept trades at bay. SteelMint’s bi-weekly assessment for billet (150x150mm, 3SP) imported by the Philippines currently stands at around $520/tonne (t) CFR Manila, up by around $21/t,…